4
MARCH 2017 MCAHRMM NEWSLETTER MARCH NEWSLETTER 1 AHRMM NEWS ARTICLE ON BOARD ELECTION MN LOCAL HEALTHCARE NEWS A LETTER FROM 2017 MCAHRMM PRESIDENT MIKE HOFFMANN FOR INQUIRIES PLEASE EMAIL MCAHRMM NEWSLETTER The Minnesota Chapter an affiliated chapter of the Association for Healthcare Resource & Materials Management provides opportunity for professional growth, networking, and learning about current issues in healthcare supply chain. [email protected]

AHRMM NEWS MN LOCAL ARTICLE ON HEALTHCARE NEWS … · It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons

  • Upload
    others

  • View
    7

  • Download
    0

Embed Size (px)

Citation preview

Page 1: AHRMM NEWS MN LOCAL ARTICLE ON HEALTHCARE NEWS … · It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons

MARCH 2017 MCAHRMM NEWSLETTER

MARCH NEWSLETTER

!1

AHRMM NEWS ARTICLE ON

BOARD ELECTION

MN LOCAL HEALTHCARE NEWS

A LETTER FROM 2017 MCAHRMM PRESIDENT

MIKE HOFFMANN

FOR INQUIRIES PLEASE EMAIL

MCAHRMM NEWSLETTER

The Minnesota Chapter an affiliated chapter of the Association for Healthcare Resource & Materials Management provides opportunity for professional growth, networking, and learning about current issues in healthcare supply chain.

[email protected]

Page 2: AHRMM NEWS MN LOCAL ARTICLE ON HEALTHCARE NEWS … · It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons

MARCH 2017 MCAHRMM NEWSLETTER

AHRMM NEWS, MARCH BOARD ELECTION

!2

MCAHRMM IS RECOGNIZED

AGAIN AS A DIAMOND

CHAPTER OF AHRMM

Each year, AHRMM holds member elections for open positions on the AHRMM Board. Starting in March 2017, the Nominating Committee will be seeking nominations for the 2018 AHRMM Board seats. There is one affiliate seat, one military seat, and two provider seats open for the 2017 Election. Voting for the 2017 Board Election will be held from July 24, 2017 to August 7, 2017.

APPLY TO BE A CANDIDATE FOR THE 2018 AHRMM BOARD

Help shape the future of AHRMM and contribute to our success by submitting an application to become a candidate for this year’s Board election. Information about the role of AHRMM Board, requirements, and the election calendar can be found below.

THE DEADLINE FOR THE BOARD APPLICATIONS IS APRIL 14TH, 2017. If you are considering to run for a seat on the AHRMM BOARD, Please contact AHRMM at [email protected] to request a candidate packet.

For inquiries, please email [email protected]

MEMBERSHIP NEWSNATIONAL AHRMM CONFERENCE SCHOLARHIP OPPORTUNITY. MCAHRMM is offering a scholarship opportunity to attend the National AHRMM Conference in Washington DC July 24-26. Please complete and submit the scholarship application from the MCAHRMM website and submit to Jerry Holm at [email protected] by April 15th, 2017 to be entered considered.

Page 3: AHRMM NEWS MN LOCAL ARTICLE ON HEALTHCARE NEWS … · It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons

MARCH 2017 MCAHRMM NEWSLETTER

!3

MINNESOTA LOCAL HEALTHCARE NEWSFairview to merge with HealthEast in major metro-area consolidation

Fairview Health Services has reached a deal to merge with HealthEast Care System, a move that will combine two of the metro area’s largest health systems. The deal marks the largest health care merger in the twin cities since Bloomington-based HealthPartners snapped up Park Nicollet Heath Services in 2013.

Terms of the deal, expected to close this spring, weren’t disclosed. James Hereford, who joined Fairview as CEO in December, would lead the combined organization. Three HealthEast board members will join Fairview’s board.

Fairview would retain its ranking as the state's third-largest health care provider by revenue after the deal closes. However, its hospitals' market share would climb to 34 percent, exceeding fourth-ranked Allina Health System's 26 percent, according to research based on 2015 data by independent health care analyst Allan Baumgarten.

The deal would give Minneapolis-based Fairview a significant foothold in the east metro, where it doesn't have any hospitals but St. Paul-based HealthEast is a major player.

“I think Fairview is looking to expand its geographic reach to compete with Allina in those parts of the region where it doesn’t have a presence right now,” Baumgarten said, adding that HealthEast previously had little room to expand without bumping into formidable competitors.

Source: Katharine Grayson Senior Reporter Minneapolis/St. Paul Business Journal, “Fairview to merge with HealthEast in major metro-area consolidation”, www.bizjournals.com, Minneapolis/St. Paul Business Journal, MAR 8, 2017, accessed 3-20-2017.

HealthEast has struggled financially compared to other large systems in the Twin Cities, posting a loss of about $7 million for its most recent fiscal year. During its most recent quarter, ended Nov. 30, the company's loss from operations was about $5 million, slightly better than $5.1 million in the year-ago period.

In bond disclosures, the health system said its net revenue growth has suffered thanks partly to more of its payments coming from government programs rather than commercial insurers.

Fairview has been exploring merger options for years. Talks with University of Minnesota Physicians fell apart last year. In 2013, Fairview kicked off merger talks with South Dakota-based Sanford Health, but negotiations were suspended amid opposition from Minnesota state lawmakers.

Since those deals fell apart, Fairview has expanded deeper into the health insurance business through its acquisition of PreferredOne. It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons the systems declined to disclose.

Page 4: AHRMM NEWS MN LOCAL ARTICLE ON HEALTHCARE NEWS … · It had a deal to merge with Minneapolis-based insurer UCare, but the organizations have since decided not to combine for reasons

MARCH 2017 MCAHRMM NEWSLETTER

!4

REGION 1 REP: Ryan Goergen

REGION 2 REP: Joannie Nei

REGION 3 REP: Terry Abear

REGION 4 REP: Jason Atkinson

For inquiries regarding your region, please email [email protected]

A LETTER FROM THE 2017 MCAHRMM PRESIDENTThe Healthcare landscape in Minnesota and across the Nation is changing almost as fast as the Minnesota weather. Mergers and acquisitions on the provider side and vendor side are occurring with regularity and National Healthcare policy is a constant topic in Washington. As a healthcare supply chain professional it is important to stay connected with your peers locally and nationally, MCAHRMM and AHRMM are here to help provide you networking and continuing education opportunities to keep you informed and give you the tools to succeed.

Our Spring Conference is fast approaching and is included with your annual MCAHRMM membership dues. This year’s Conference will be held June 7 th -9th at Izaty’s Resort on beautiful Lake Mille Lacs.

Registration deadline is May 17 th and we have a block of rooms at Izaty’s, as well as rooms at Eddy’s Lake Mille Lacs only a short distance away. We once again will offer a Supply Chain Management track and a Central Sterile Processing track. It will be a fantastic few days of networking and learning, with quality nationally known speakers, and a full vendor fair. There will also be the first Annual MCAHRMM golf scramble, which you will not want to miss!

Many of our organizations are in the budget planning process; please consider budgeting and attending the national AHRMM Conference in Washington DC, July 23-26. Minnesota has been well represented in past years and the education and networking opportunities are plentiful.

Thank you for your support of MCAHRMM and Happy Spring!

Regards, Mike Hoffmann 2017 MCAHRMM President Sanford Health of Northern Minnesota [email protected]